Energy Fuels (NYSEAMERICAN:UUUU) Sets New 12-Month Low - Here's What Happened

Energy Fuels Inc. (NYSEAMERICAN:UUUU - Get Free Report) shares hit a new 52-week low on Monday . The stock traded as low as $3.27 and last traded at $3.27, with a volume of 102582 shares. The stock had previously closed at $3.45.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on UUUU shares. Roth Capital set a $5.75 price target on Energy Fuels in a research report on Friday, February 28th. HC Wainwright cut their target price on shares of Energy Fuels from $11.00 to $10.75 and set a "buy" rating for the company in a research report on Friday, February 28th. Finally, Roth Mkm raised shares of Energy Fuels from a "neutral" rating to a "buy" rating and set a $5.75 price objective for the company in a research note on Friday, February 28th.

Energy Fuels Stock Performance

The business's 50 day simple moving average is $4.53 and its 200-day simple moving average is $5.42. The stock has a market capitalization of $816.62 million, a price-to-earnings ratio of -18.68 and a beta of 1.68.

Insider Activity at Energy Fuels

In other news, VP Daniel Kapostasy sold 12,350 shares of the firm's stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $4.10, for a total transaction of $50,635.00. Following the completion of the transaction, the vice president now owns 57,705 shares in the company, valued at approximately $236,590.50. This trade represents a 17.63 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Bruce D. Hansen bought 6,000 shares of the business's stock in a transaction that occurred on Wednesday, March 19th. The shares were acquired at an average cost of $4.25 per share, with a total value of $25,500.00. Following the completion of the purchase, the director now owns 295,239 shares of the company's stock, valued at approximately $1,254,765.75. The trade was a 2.07 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 1.92% of the stock is currently owned by insiders.

Institutional Trading of Energy Fuels

A number of hedge funds have recently modified their holdings of the business. Charles Schwab Investment Management Inc. increased its stake in Energy Fuels by 14.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 439,605 shares of the company's stock valued at $2,413,000 after buying an additional 54,780 shares during the period. FMR LLC raised its holdings in shares of Energy Fuels by 3.1% during the third quarter. FMR LLC now owns 82,754 shares of the company's stock worth $455,000 after acquiring an additional 2,520 shares in the last quarter. BNP Paribas Financial Markets grew its stake in Energy Fuels by 6.0% in the third quarter. BNP Paribas Financial Markets now owns 29,353 shares of the company's stock valued at $161,000 after purchasing an additional 1,653 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Energy Fuels by 3.2% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 143,423 shares of the company's stock valued at $787,000 after purchasing an additional 4,484 shares in the last quarter. Finally, HighTower Advisors LLC increased its position in Energy Fuels by 4.5% in the 3rd quarter. HighTower Advisors LLC now owns 126,001 shares of the company's stock worth $691,000 after purchasing an additional 5,404 shares during the last quarter. Hedge funds and other institutional investors own 48.24% of the company's stock.

About Energy Fuels

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, recycling, exploration, permitting, evaluation, and sale of uranium mineral properties in the United States. The company produces and sells vanadium pentoxide, rare earth elements, and heavy mineral sands, such as ilmenite, rutile, zircon, and monazite.